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Patrice Motsepe, Africa’s first Black billionaire, has suffered a financial setback, with his net worth dropping by a whopping $100 million. This follows a significant climb...
Paradoxically, climate change impacts are more pronounced in the low-carbon emitting countries, with events beyond the capacity of communities and countries to adapt. For instance, Africa’s...
Strive Masiyiwa, Zimbabwe’s richest man, has increased his fortune by $100 million since the beginning of the year, according to figures from Forbes, a US-based business...
Amazon executive chairman Jeff Bezos sold another 12 million shares of the e-commerce giant’s stock worth over $2 billion this past week, according to a US...
Microsoft Corp. Co-Founder Bill Gates shared his skeptical views on Bitcoin, distinguishing himself from other tech and celebrity figures who have embraced the cryptocurrency. Gates expressed...
Zambia has agreed to restructure a US$1,5 billion debt owed by Mopani Copper Mines to Glencore, which arose from its acquisition of Mopani in 2021, state-owned...
Tongaat Huletts Zimbabwe has appointed Tendai Masawi as the new CEO and managing director of Hippo Valley Estates Limited and Triangle Limited replacing Aiden Mhere. Prior...
Thom Mpinganjira, one of Malawi’s most successful yet controversial businessmen and the founder of FDH Bank Plc, has seen the market value of his stake in...
The parent firm of Russia’s most prominent technology company, Yandex, said it has agreed to sell all its assets in the country for about $5 billion,...
After a boom in his fortune in 2023 cemented his status as Egypt’s richest man and one of Africa’s wealthiest billionaires, Nassef Sawiris, who is also...
